What are the advantages of crowdsourced research?
Cost-effectiveness –- Comparatively speaking, crowdsourced research can be done at a fraction of the cost of traditional research.
Quick Turn Around –- The time it takes to gather, execute, and analyze is shorter thanks to a purely digital foundation.
Flexibility –- As trends emerge in findings, researchers can easily adjust their strategy to catch any shifts or “surprises.”
Collaboration –- Crowdsourced research allows brands to collaborate easily with customers to ideate or improve upon products, to test concepts, ads, and experiences, and to continue the conversation over a longer term.
Velocity –- Crowdsourced research can travel at the speed of digital, allowing for real-time consumer behavior analysis and insight for new technologies, memes, trends, and conversations.
Marketing and Marketing Research –- Even though it’s frowned upon and often times refuted in traditional research, the nature of crowdsourced research implies there will be some form of marketing intertwined as consumers share their stories, insights, and ideas for brands they support.